Author: Mahdeehassan

The National Bank of Oman (NBO) has announced launching a complete digital account opening service through the NBO app. The new feature enables individuals to open an account at anytime and anywhere, without the needs to visit a branch or submit physical documents. Commenting on the launch, Dr. Ali Salim Al Shekaili, Assistant General Manager, Head of Digital and E-Channels at NBO said: “Our new digital onboarding feature marks a major milestone in our mission to make banking more accessible, convenient and secure. By eliminating the need for branch visits or paperwork, we are streamlining the way customers begin their…

Abu Dhabi, United Arab Emirates: Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy leader, and PT PLN (Persero), Indonesia’s state-owned electricity company, have signed two agreements that will advance the development of floating solar power projects in Southeast Asia’s largest energy market. The companies signed a Memorandum of Understanding (MoU) to develop a floating solar power plant at the Jatigede Dam reservoir in West Java, after Masdar secured the lowest tariff in the Hijaunesia 2023 bidding program. Development of the plant is due to start this year, with completion scheduled for 2027. Masdar and PLN also signed…

Abu Dhabi, UAE – As part of its ongoing efforts to strengthen international partnerships, the Abu Dhabi Chamber signed two cooperation agreements with the Guangxi Zhuang Autonomous Region of China and the Florida Chamber of Commerce. It also discussed enhancing cooperation with the Moscow Chamber of Commerce and Industry to increase mutual trade and investment with trading partners and influential economies around the world. This took place during the Chamber’s participation in the AIM Investment Summit 2025 as a business community partner, to enhance cooperation and build relationships with investors from around the world. The Chamber also promoted Abu Dhabi’s…

ShopUp, Bangladesh’s largest B2B commerce platform, and Sary, the leading B2B marketplace and services platform in the Gulf, have merged to form SILQ Group. This merger brings together Gulf & Emerging Asia, creating the largest B2B commerce platform to serve the fastest-growing consumer markets in the region and across the globe. The merger is backed by a $110 million funding led by Sanabil Investments, a wholly owned company by Saudi Arabia’s Public Investment Fund (PIF) and Peter Thiel’s Valar Ventures. This funding includes an equity investment and financing facility for SILQ Financial, the group’s financial services arm. Together, ShopUp and…

Elevate your Easter at Al Habtoor City as you savour a tempting array of experiences, carefully curated to match the occasion. Promising a feast for the senses with the whole family in mind, this inviting destination will be bringing together delectable cuisine, lively entertainment, and family-friendly activities across its distinguished hotels, creating an enviable ambience to mark the season in style. On Sunday, April 20th, guests can take their pick from an elegant steakhouse brunch to a refined Mediterranean dining experience and a lively family celebration, with something for everyone looking to make the holiday truly special. Al Habtoor Palace…

Bahrain-based social commerce app Sellou has raised a seed funding round for an undisclosed value at a $3 million valuation. Founded by Salman Al Khalifa and focused on bringing video-powered selling to the region, Sellou simplifies the buying and selling experience by enabling users to create and share short video storefronts, facilitating direct connections. Sellou allows users to showcase and sell various products, from artisanal goods to everyday items, through engaging video content. This investment will empower Sellou to further develop its platform, expand its reach within the MENA region, and solidify its position as a leading video-based marketplace.

Dubai, 7 April 2025 – UBS has been named “The Middle East’s Best for Family Office Services” and “Saudi Arabia’s Best for Family Office Services” in Euromoney’s Private Banking Awards 2025. The awards, presented at a ceremony in London, reflect UBS’s unwavering commitment to providing exceptional wealth management advice, services, and solutions to its clients in the Middle East and beyond. “With an established presence in the Middle East for 60 years, the award is a testament to our deep roots and strong relationships in the region,” said Niels Zilkens, Head WM Middle East, UBS Global Wealth Management. “It reflects the…

Tokyo, April, 2025 – Terra Drone Corporation, recently ranked the No.1 Drone Service Provider in the world for 2024, has officially signed a Memorandum of Understanding (MOU) with Aramco, Saudi Arabia’s leading energy and chemical company. This partnership underscores a joint commitment to exploring cutting-edge drone, robotics, and AI-driven technologies customized for the oil and gas industry, while accelerating localization initiatives in the Kingdom. The MOU aims to foster deeper collaboration between Terra Drone and Aramco to develop drone technologies that enhance safety and operational efficiency across the energy sector. The agreement will serve as a collaborative platform for research…

Gradiant, a global leader in advanced water and wastewater treatment, today announced that its ForeverGone solution was honored at the 2025 Edison Awards with the Gold award. This prestigious recognition highlights Gradiant’s leadership in sustainability and technological innovation, reinforcing its commitment to addressing PFAS contamination, one of the world’s most pressing environmental challenges. Per- and polyfluoroalkyl substances (PFAS), or “forever chemicals,” are persistent synthetic chemicals found in industrial, municipal, and landfill waters. Linked to serious health risks such as cancer, immune disorders, and developmental issues, PFAS have become a global public health crisis. Gradiant’s ForeverGone is the industry’s first integrated…

The Family Development Foundation (FDF), through its ‘Senior Citizens and Resident’s Social Support Service’ team, extended Eid Al Fitr greetings to over 18,000 senior citizens and residents and their families, as part of its continued commitment and efforts to improving the quality of life and foster meaningful connections. This move reflects FDF’s steadfast dedication to building supportive connections during holidays and special occasions, thereby reinforcing family stability and fostering sustainable social development. FDF remains committed to offering exceptional care and support through a wide spectrum of social, health, psychological, preventive, rehabilitative and empowerment programs and services. The Foundation recognises the…